Trading signals module, based on BrainTrend1 indicator - MetaTrader 5 library - MT4/MT5 resources
The original version of Brain Trend 1 had 4 parameters, but only 2 of them (ATR period and stochastic period) are used in this trading signals module. For the other two input parameters (MA_Method= Mode_SMA , STO_Price= STO_LOWHIGH ) use default values.
Blue candles are a signal to open a long position, red candles are a signal to open a short position. Signals are formed on completed bars (candles).
The following input parameters were used during testing:
To use the Trade Signals module MQL5 Wizard , the Trend Signals.mqh must be placed in the terminal data folder \MQL5\Include\Expert\Signal\MySignals.
This module uses the Brain Trend indicator, BrainTrend1.mq5 must be placed in the terminal data folder \MQL5\Indicators.
Trading examples on charts
Historical backtest results starting in 2011:
Historical backtest results
Attachment download
📎 braintrend1.mq5 (7.25 KB)
📎 braintrendsignal.mqh (6.71 KB)
📎 test_braintrendsignal.mq5 (6.43 KB)
Source: MQL5 #413
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